This $55,000 Valentine's Day cupcake from Cupcakes Gourmet is a ravishing yet slightly ridiculous way to propose to your partner. The red velvet cupcake is topped with an 8-carat engagement ring from Warwick Jewelers.

"A diamond is worth a thousand words, but with a cupcake, it's worth more," said Maki Garcia-Evans, the owner of Cupcakes Gourmet. "It suits our store's sloga, 'Love Tastes Like This.'" The $55,000 cupcake is available only via special order, which enables customers to select the diamond ring they prefer for the cupcake.